| Statement of Net Assets | ||||
| June 30, 2011 | ||||
| (Expressed in Thousands) | ||||
| Primary Government | ||||
|---|---|---|---|---|
| Governmental | Business-Type | Component | ||
| Activities | Activities | Total | Units | |
| Assets | ||||
| Current Assets: | ||||
| Cash and Cash Equivalents | $815,474 | $748,818 | $1,564,292 | $144,574 |
| Deposits with U.S. Treasury | - | 337,799 | 337,799 | - |
| Investments | 382,068 | 67,705 | 449,773 | 362,106 |
| Receivables, (Net of Allowances) | 2,130,295 | 796,021 | 2,926,316 | 45,394 |
| Due from Primary Government | - | - | - | 12,988 |
| Inventories | 45,134 | 13,907 | 59,041 | 4,086 |
| Restricted Assets | - | 68,785 | 68,785 | 1,414,128 |
| Internal Balances | (248,768) | 248,768 | - | - |
| Other Current Assets | 19,305 | 18,256 | 37,561 | 2,924 |
| Total Current Assets | 3,143,508 | 2,300,059 | 5,443,567 | 1,986,200 |
| Noncurrent Assets: | ||||
| Cash and Cash Equivalents | - | 340,739 | 340,739 | - |
| Due From Component Units | 19,026 | - | 19,026 | - |
| Investments | - | 193,618 | 193,618 | 41,085 |
| Receivables, (Net of Allowances) | 250,035 | 706,424 | 956,459 | 170,387 |
| Restricted Assets | 710,880 | 644,657 | 1,355,537 | 4,598,791 |
| Capital Assets, (Net of Accumulated Depreciation) | 10,924,298 | 3,468,078 | 14,392,376 | 417,573 |
| Other Noncurrent Assets | 104,590 | 50,098 | 154,688 | 11,154 |
| Total Noncurrent Assets | 12,008,829 | 5,403,614 | 17,412,443 | 5,238,990 |
| Total Assets | 15,152,337 | 7,703,673 | 22,856,010 | 7,225,190 |
| Liabilities | ||||
| Current Liabilities: | ||||
| Accounts Payable and Accrued Liabilities | 807,239 | 294,994 | 1,102,233 | 68,652 |
| Notes Payable | - | - | - | - |
| Due to Component Units | 12,988 | - | 12,988 | - |
| Due to Other Governments | 202,451 | 1,965 | 204,416 | - |
| Current Portion of Long-Term Obligations | 1,458,847 | 194,414 | 1,653,261 | 309,473 |
| Amount Held for Institutions | - | - | - | 364,483 |
| Deferred Revenue | 12,949 | 227,814 | 240,763 | - |
| Medicaid Liability | 525,733 | - | 525,733 | - |
| Liability for Escheated Property | 578,709 | - | 578,709 | - |
| Other Current Liabilities | 224,762 | 68,112 | 292,874 | 27,862 |
| Total Current Liabilities | 3,823,678 | 787,299 | 4,610,977 | 770,470 |
| Noncurrent Liabilities: | ||||
| Non-Current Portion of Long-Term Obligations | 25,378,369 | 2,723,138 | 28,101,507 | 4,631,975 |
| Total Noncurrent Liabilities | 25,378,369 | 2,723,138 | 28,101,507 | 4,631,975 |
| Total Liabilities | 29,202,047 | 3,510,437 | 32,712,484 | 5,402,445 |
| Net Assets | ||||
| Invested in Capital Assets, Net of Related Debt | 4,905,025 | 2,818,635 | 7,723,660 | 276,804 |
| Restricted For: | ||||
| Transportation | 82,785 | - | 82,785 | - |
| Debt Service | 663,880 | 28,989 | 692,869 | 22,765 |
| Federal Grants and Other Accounts | 452,836 | - | 452,836 | - |
| Capital Projects | 445,499 | 115,071 | 560,570 | - |
| Unemployment Compensation | - | - | - | - |
| Clean Water and Drinking Water Projects | - | 760,007 | 760,007 | - |
| Bond Indenture Requirements | - | 2,250 | 2,250 | 936,984 |
| Loans | - | 4,500 | 4,500 | - |
| Permanent Investments or Endowments: | ||||
| Expendable | 1,668 | - | 1,668 | 91,401 |
| Nonexpendable | 97,485 | 12,472 | 109,957 | 274,653 |
| Other Purposes | 65,720 | 229,380 | 295,100 | 50,982 |
| Unrestricted (Deficit) | (20,764,608) | 221,932 | (20,542,676) | 169,156 |
| Total Net Assets (Deficit) | $(14,049,710) | $4,193,236 | $(9,856,474) | $1,822,745 |
The accompanying notes are an integral part of the financial statements.